LightLGSXY 53 Forward PE Ratio is 1.61 as of Jul. 12, 2026. GuruFocus rates LGSXY with a GF Score™ of 53/100 and a GF Value™ of $1.55 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 204 Utilities - Independent Power Producers companies, Light ranks better than 98.04% on this metric.
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Light Forward PE Ratio Related Terms
Light Forward PE Ratio Historical Data
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The historical data trend for Light's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Light Forward PE Ratio Chart
Light Annual Data
Trend
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
26.88
8.42
4.86
16.98
8.44
2.90
Light Quarterly Data
2018-03
2018-06
2019-03
2019-06
2019-09
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-09
2023-12
2024-03
2024-06
2024-12
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
4.26
3.55
8.63
7.23
5.06
15.02
26.88
22.57
16.58
9.04
8.42
5.99
8.35
5.44
4.86
13.16
16.98
11.96
10.37
8.44
15.00
4.13
2.90
2.75
Light Forward PE Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Light's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Light Forward PE Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Light's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Light's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Light (LGSXY) has a Forward PE Ratio of 1.61 as of Jul. 12, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Light and its competitors. According to the industry distribution chart, Light ranks #4 out of 204 companies in the Utilities - Independent Power Producers industry, placing it in the top 2%.
Is Light's Forward PE Ratio too high?
Light's current Forward PE Ratio is 1.61. The Utilities - Independent Power Producers industry median Forward PE Ratio is 15.23. Light's value of 1.61 is 89.4% below this industry median. Based on the distribution chart, Light ranks #4 out of 204 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Light has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Light's Forward PE Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Light ranks #4 out of 204 companies for Forward PE Ratio. This places Light in the top 2% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 15.23. Light's value of 1.61 is 89.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Utilities - Independent Power Producers company?
The median Forward PE Ratio among Utilities - Independent Power Producers companies is 15.23, based on 204 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Light's current Forward PE Ratio of 1.61 is 89.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Light and its competitors. For the Utilities - Independent Power Producers industry, the median Forward PE Ratio is 15.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light's current Forward PE Ratio is 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light stock overvalued right now?
Based on GuruFocus' analysis, Light (LGSXY) is currently considered Possible Value Trap. The stock's GF Value™ is $1.55, compared to a current price of $1.02 — trading 34% below its estimated fair value. The current Forward PE Ratio is 1.61 and 89.4% below the Utilities - Independent Power Producers industry median of 15.23. Light's overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Light (LGSXY), the current Forward PE Ratio is 1.61 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Light (LGSXY) Overvalued in 2026?
Based on GuruFocus' analysis, Light stock appears to be undervalued.
The current stock price of $1.02 is trading 34% below its estimated GF Value™ of $1.55.
GuruFocus considers Light to be Possible Value Trap.
Key valuation signals for LGSXY:
Forward PE Ratio: 1.61
GF Value™: $1.55 vs. price of $1.02 (34% below fair value)
Industry Position: 89.4% below the Utilities - Independent Power Producers median (#4 of 204)
No single metric tells the full story. See the LGSXY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.
53GF Score
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